
Bitwise Lists Solana ETF with Delaware, Hopes for US Approval
Bitwise has registered a statutory trust for its proposed spot Solana (SOL) ETF with Delaware, marking the next step towards obtaining regulatory approval from the U.S. Securities and Exchange Commission (SEC). Despite the challenges, Bitwise remains optimistic about securing approval.
The news comes as VanEck’s head of digital asset research, Matthew Sigel, has previously predicted that there is a higher likelihood of the US approving a spot Solana ETF in 2025.
Meanwhile, Bitwise has expanded its offerings with the listing of its Solana (SOL) staking ETP in the EU market.
Source: coinjournal.net